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Financial crimes rise 54% to five-year-high

Financial crimes reported to the Royal Bahamas Police Force (RBPF) surged by 54 percent to 830 incidents in 2023 and representing a five-year high.

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Financial crimes rise 54% to five-year-high

Financial crimes reported to the Royal Bahamas Police Force (RBPF) surged by 54 percent to 830 incidents in 2023 and representing a five-year high.

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No consumer respite despite inflation ease

As the tide of inflation in The Bahamas seems to be ebbing, it prompts reflection on what this means for the average Bahamian’s wallet.

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‘Showdown in Paradise’

The 2024 World Relays to be hosted on home soil at the Thomas A Robinson National Stadium is already shaping up to be exciting but officials added another layer of excitement with the launch of the pregame show “Showdown in Paradise”.

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Commonwealth hails $63.5m profit amid 91% claw back fall

COMMONWEALTH Bank yesterday hailed its “second most profitable” year-ever through $63.5m in net income that was generated despite a near-91 percent drop on COVID loss provision write-backs.

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Tyesha Tynes a ‘stroke’ above the rest

Freshman Tyesha Tynes was pleased with the way she was able to make her presence felt for the Hastings College Lady Broncos women’s golf team this season.

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Where did govt shares in GBPA go?

The recent brouhaha between the government and the Grand Bahama Port Authority that has found its way onto the front pages of your newspaper reminded us of another controversial subject involving these two protagonists.

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CB Giants tie series, YES Giants go up 2-0 in NPBA Championship

THE New Providence Basketball Association (NPBA) division one and two championships are in full swing and action is already starting to heat up.

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10 years of an undersea kingdom

THE Bahamas Reef Environment Educational Foundation (BREEF) is celebrating the tenth anniversary of the Sir Nicholas Nuttall Coral Reef Sculpture Garden and Coral Nursery (CRSG) - a testament to a decade of unwavering commitment to marine conservation and environmental stewardship.

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NEXT STOP PARIS: Mixed relay team qualifies for Olympics

A new national record that was powered by a stunning second leg from 16-year-old rookie Shania Adderley helped to propel The Bahamas mixed 4 x 400 metre team to the 2024 Paris Olympics.

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Fund manager to be ‘little more defensive’

A Bahamian investment bank plans to be “a little more defensive” in 2024 with its stock picks as it targets close to $20m annual asset growth in its main equities investment fund.

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‘Keep faucet open’ govt urged as real estate triples

The Government was yesterday urged to “keep the faucet open”, and not tinker with real estate taxes and regulation in the upcoming Budget, as contracted property sales more than tripled year-over-year.

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East GB microgrids set to hire up to 50

Up to 50 workers will be hired for the proposed build-out of five solar microgrids designed to help “ease cost of living concerns” and entice former residents to return to Dorian-ravaged east Grand Bahama.

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Laroda denies Social Services reducing food assistance rates

SOCIAL Services Minister Myles Laroda said his ministry is reviewing its food assistance programme to recommend “cost of living increases”.

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New Era Gym Rats win GBABA title

THE Grand Bahama Amateur Basketball Association completed their best-of-five championship series at the St George’s Gymnasium on Saturday night.

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RF: ‘No impact’ from core software dispute

RF Bank & Trust yesterday asserted that a dispute with its core software provider will “not in any way impact customer funds or overall operations” as it bids to resolve their differences.

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Child abuse cases increase by 87%

REPORTS of child abuse soared 87 per cent in 2023 compared to 2022, a contin- uation of what officials say is an increase in child abuse following the COVID-19 pandemic.

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Minnis nominates today, will challenge Pintard

FORMER Prime Minister Dr Hubert Minnis is expected to nominate himself to become leader of the Free National Movement today, setting up a highly anticipated race with the incumbent, Michael Pintard, at the party’s convention next month.

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‘All-Bahamian’ $30m hotel gets conditional go-ahead

The Bahamian developer of a proposed $30m West Bay Street hotel was yesterday granted preliminary site plan approval for the project provided its “side setbacks” are increased to 15 feet.

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Nassau/PI hotels ‘soon can’t take anyone else’

Nassau and Paradise Island hotels will “soon reach the point where we can’t take anyone else”, a senior tourism executive has warned, with room shortages driving “unheard of” March occupancies.

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